Q: I have multiple accounts linked in NetTeller (IMCU’s online banking), but I don’t see them all on my NetTeller homepage. Where can I find them?
A: At the top of the page, just below the Bill Pay button, and beneath the words “Bill Pay”, is “Accounts”. When you click on “Accounts”, the page that opens will display all the products for all accounts linked.
Q: How do I transfer money from my IMCU account to someone else’s IMCU account?
A: Through NetTeller under Transfer, select Transfer To Any Account. You will need to know the members account number, first 3 letters of their last name and the account ID (usually 0001 for savings or 0010 for checking).
Q: What is the maximum total daily transfer limit in NetTeller?
A: No limit if transferring money within your account or a linked account. $5,000 limit if using the Transfer To Any Account feature.
Q: Can I transfer funds from my IMCU account to a person’s account at another financial institution?
A: Yes, through P2P on your mobile app. All you need is the recipients email address or cell phone number.
Health Savings Accounts(1)
Q: What is a Health Savings Account?
A: A Health Savings Account is an account in which individuals can accumulate savings for health care expenses. To be eligible to open an HSA, you must be enrolled in a qualified High Deductible Health Plan (HDHP). Contributions you make to your HSA are tax-deductible, and may be tax-free if used to pay for qualified health care expenses.
Q: How do I know if I’m eligible for a Health Savings Account?
A: To be eligible to contribute, you (1) must be enrolled in a qualified High Deductible Health Plan (HDHP), (2) Must have no other health care coverage (some exceptions apply), (3) Cannot be enrolled in Medicare, (4) Cannot be claimed as a dependent on someone else’s tax return.
Q: What advantages are there to IMCU HSAs?
A: Advantages include: No application or set-up fees to open the account; no monthly or annual maintenance fees; free eStatements; competitive rate of return; funds can be withdrawn at the branch, ATM or by using your HSA debit card; account activity can be reviewed online through NetTeller; additional catch up contributions of $1,000 are allowed for individuals who are age 55 & older; personal contributions, whether made by the eligible individual or someone else, are deductible; contributions made by an employer are not included in taxable wages.
Q: Can I apply for an auto loan or new account online?
Q: Does IMCU offer a free checking account that’s really free?
A: Yes, IMCU offers a free checking account with no monthly fees and no per check charges, when you enroll in eStatements.
Q: Does IMCU offer auto leasing as an alternative to traditional auto loans?
A: Yes, IMCU has a Leasing Department. Our leasing professionals are ready to answer all leasing-related questions. Read more information, or call Turk at 317.595.0062.
Q: How long can I lease a vehicle at IMCU?
A: Lease terms at IMCU are between 12-60 months.
Q: Are lease payments lower than auto loan payments?
A: Yes, lease payments are often lower than auto loan payments.
Q: Is a down payment required for a lease?
A: No, in most cases, a down payment is not required for a lease at IMCU.
Vehicles for Sale
Q: Does IMCU have vehicles for sale?
A: Yes, IMCU has an auto lot, just north of its Southside Branch. Read full details on the vehicles for sale, or call Ron Neesen at 317.791.9398 for questions. Inventory changes weekly.
Q: When I click on eStatements in NetTeller, nothing happens. How can I see my statement?
A: Using your browser settings option, turn off the pop-up blocker. You will need to allow pop-ups to enable the page containing your statement to show.
Q: Can Indiana Members Investment Services help me rollover my 401(k) or employee retirement plan?
A: Yes, through our relationship with CUNA Brokerage Services, Inc. we are able to help members rollover their old 401(k) into an IRA, as well as provide them with other investment options.
Q: How do I schedule an appointment with an Indiana Members Investment Services financial advisor?
A: To schedule an appointment with an advisor to discuss your options, you can call Indiana Members Investment Services at 317.610.3945.
Q: Does IMCU offer investment products other than certificates or savings accounts?
A: Yes, Indiana Members Investment Services offers our members a wide variety of mutual funds, annuities and retirement options.
Q: Does Indiana Members Investment Services provide a full array of investment services?
A: yes, our relationship with CUNA Brokerage Services, Inc. allows Indiana Members Investment Services to provide a full scale of investment options for our members.
Q: What products/services does Indiana Members Investment Services provide?
Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI),member FINRA/SIPC, a registered broker/dealer and investment advisor. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution.
CUNA Brokerage Services, Inc., is a registered broker/dealer in all fifty states of the United States of America.
Alerts and daily transaction reports can be set-up for your account through text banking.
(1) Indiana Members Credit Union is not licensed to provide tax advice. Please consult your tax advisor.
+If your state or your designated Beneficiary’s state offers a 529 plan you may want to consider what, if any, potential state income tax or other benefits it offers, before investing. State tax or other benefits should be one of many factors to be considered prior to making an investment decision. Please consult with your financial, tax or other adviser about how these state benefits, if any, may apply to your specific circumstances. You may also contact your state 529 plan or any other 529 college savings plan to learn more about their features. Please contact your financial consultant or call the carrier to obtain a Plan Disclosure Document or prospectus for any of the underlying funds. The Plan Disclosure Document contains complete details on investment objectives, risks, fees, charges and expenses, as well as more information about municipal fund securities and the underlying investment companies that should be considered before investing. Please read the Plan Disclosure Document carefully prior to investing.